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Australia’s Trade Surplus Slumped 43% In July
September 03, 2020 02:11 PM AEST| By Team Kalkine MediaAustralia recorded a trade surplus of $4.6 billion in July in seasonally adjusted terms, falling by 43% when compared to previous month, as growth in exports moderates while imports bounce back. Credits and debits data in seasonally adjusted terms i...
Corazon updates on the current drilling program at Lynn Lake Nickel Project
September 03, 2020 01:38 PM AEST| By Team Kalkine MediaCorazon Mining Ltd.(ASX:CZN) announced completion of the current phase of drilling at Fraser Lake Complex (FLC), within the Lynn Lake project area. The drilling program was focused on priority exploration targets at the FLC, which is considered highl...
Kaiser Reef commences drilling at Stuart Town gold project
September 03, 2020 01:37 PM AEST| By Team Kalkine MediaThe Lachlan Fold Based Gold explorer, Kaiser Reef Limited (ASX: KAU), announced the commencement of the maiden drilling campaign at the flagship Stuart Town gold project. The drill will initial targets on several priority areas including the Rockdal...
Maiden Drilling Program Designed for Dark Horse’s Tampere Gold Project in Finland
September 03, 2020 12:52 PM AEST| By Team Kalkine MediaDark Horse Resources (ASX:DHR) announced to have designed the maiden drilling program for the Tampere Gold Project in Finland. The Company plans to commence the drilling program as soon as feasible during the last quarter of 2020. Dark Horse intends...
Starpharma Receives A$1 million MRFF funding for SPL7013 COVID-19 Nasal Spray
September 03, 2020 12:44 PM AEST| By Team Kalkine MediaStarpharma Holdings Limited (ASX:SPL) has been awarded A$1 million funding by the Medical Research Future Fund (MRFF) Biomedical Translation Bridge Program of Australian Government for SPL7013 nasal spray. This funding shall be used to accelerate de...
Eclipx Provides Optimistic Business Update
September 03, 2020 12:32 PM AEST| By Team Kalkine MediaEclipx Group Limited (ASX:ECX) provided a business update on its simplification plan along with its participation at Macquarie Group Emerging Leaders Forum coming ahead. Some of the highlights are: The group has divested all non-core businesses wh...
Terracom Maintains Consistency In Coal Production And Sales Amid COVID-19 Pandemic
September 03, 2020 12:29 PM AEST| By Team Kalkine MediaTerraCom Limited (ASX:TER) has provided an update on coal sales for FY2021 to the end of August 2020. Despite the continuing economic disruption due to COVID-19, TER has maintained a consistent coal production and coal sales. TER believes that it...
Calima Announces In-Depth Analysis of Most Significant Montney Core, Stock Soars by 12.5%
September 03, 2020 12:28 PM AEST| By Team Kalkine MediaStock of Calima Energy Limited (ASX:CE1) traded 12.5 per cent higher at $0.009 (as at 11:40 AM AEST) following the release of a significant update on the Calima Lands. Calima Energy notified that it has recently engaged Canadian Discovery to finalis...
Grocery Retailers Authorised By ACCC To Continue Cooperating On COVID-19 Response
September 03, 2020 12:26 PM AEST| By Team Kalkine MediaACCC has announced that Supermarket operators shall be allowed to keep on cooperating to confirm supply of food and groceries in response to the COVID-19 pandemic. Grocery Retailers such as Coles, Woolworths, Metcash, Aldi and similar retailers&rsqu...
Wisr Announces Launch Of Second Major Competitive Product Into Market
September 03, 2020 12:18 PM AEST| By Team Kalkine MediaAfter a successful pilot program in FY2020, Wisr Limited (ASX:WZR) has launched its second major competitive product into market, secured vehicle finance. The launch of the new product would allow the company to enter into the A$33 billion-dollar co...
Bubs Australia Raises A$28.3 million to Support Global Growth Initiatives
September 03, 2020 12:16 PM AEST| By Team Kalkine MediaASX-listed leading producer of goat dairy products, Bubs Australia Limited (ASX:BUB) announced the successful completion of its share placement. With this placement the Company raised A$28.3 million (before costs) at per-share price of A$0.80. Proce...
COVID causes Canada's economy to contract by 38.7% in Q2, worst since 1961
September 03, 2020 04:26 AM AEST| By Team Kalkine MediaBeaten by the loss of business due to COVID-19, Canada’s real gross domestic product (GDP) saw a record dip at an annualized rate of 38.7 per cent in the second quarter of 2020. This is the sharpest dip the Canadian economy has witnessed sinc.....
Fed’s new strategy for inflation and labour market
September 03, 2020 04:04 AM AEST| By Team Kalkine MediaSummary The Federal Reserve declared a change in its policy decision-making approach to achieve maximum employment and stability in prices. The new strategy aims to allow for higher inflation and additional job growth over time. Fed has taken .....
ASX-Listed Small-Cap Tech Player BrainChip’s share price zooms ~53%: What drove the surge?
September 02, 2020 11:20 PM AEST| By Team Kalkine MediaSummary Technology company BrainChip’s share price skyrocketed today following an announcement regarding a collaboration between BrainChip and VORAGO Technologies; stock ended ~53% higher. BrainChip and VORAGO have come together to suppor.....
Western Areas Aims Deposit Integration to Boost Odysseus Production Profile
September 02, 2020 11:11 PM AEST| By Team Kalkine MediaSummary The nickel price surge is drawing ASX-listed nickel mining companies out of hibernation with many such as Nickel Mines Limited (ASX:NIC), Western Areas Limited (ASX:WSA) unveiling development plans to lock-in the high prices. Western Ar.....
Market Update: S&P/ASX200 Gained 2.2% in Previous One Month: What You Should Know?
September 02, 2020 11:11 PM AEST| By Team Kalkine MediaOn 2nd September 2020, the equity market of Australia closed in green, and the benchmark index S&P/ASX200 rose by 109.8 points to 6063.2. The index has gained 2.2% in the span of one month. S&P/ASX 200 Consumer Staples (Sector) experienced a...
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All you need to know about JobKeeper Payment scheme
September 02, 2020 09:13 PM AEST| By Team Kalkine MediaAfter the devastating effect that coronavirus had on world economies, governments around the globe needed to find a solution to keep people in jobs. Australians have been luckier than most nations, as the Morrison Government introduced two stimulus.....
How Will Sunak Garner Revenues In The Autumn Budget?
September 02, 2020 09:01 PM AEST| By Team Kalkine MediaSummary The UK Treasury Chancellor to announce the schedule for public spending review and budget soon Speculations are doing rounds that taxes will be raised during the autumn budget Corporation tax, fuel duty, online retail tax, and pension .....
Australian Gross Domestic Product Slides 7%, Recession Bells Ringing?
September 02, 2020 08:03 PM AEST| By Team Kalkine MediaAustralia suffered its worst economic downturn on record last quarter. Latest figures on National Income, Expenditure and Product were released by the ABS on 2 September 2020. The Bureau reports that Australia’s GDP fell 7.0 per cent in the J.....
Peru Copper Production Reaching Pre-Crisis Levels
September 02, 2020 08:02 PM AEST| By Team Kalkine MediaCopper Mining activities at Peru – the world’s second-largest producer, is reaching pre-crisis level – as reported by Reuters. The copper production across the country fell by 2.2 per cent in July 2020 against the previous corres...
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